EDMULIG AS

Org. no. 832351482 · Kristiansand · Founded 2023

Score · fiscal year 2025

35of 100

How to read this: the company is ahead of 25 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 8,511 of 11,388 · What are Morning company classes?
Place in the whole sector: 17,626 of 23,059 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 13 and solidity 0 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

EDMULIG AS is 15 points below the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 11,385 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin −15.0% (median 2.6%) and equity ratio −1.4% (median 33.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue4 MNOK4 MNOK
Operating margin −15.0% 2.6% 9 %
Profit margin −14.9% 2.2% shown, not part of the index
Return on assets −12.5% 6.2% 18 %
Equity ratio −1.4% 33.8% 19 %
Debt-to-equity – 1.23 not compared
Current ratio 15.41 1.75 97 %
Revenue growth 27.6% 4.0% 79 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 35, EDMULIG AS does better than 25% of companies in the Morning class Micro in the same sector (11,388 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • EDMULIG AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

EDMULIG AS has a score of 35 for 2025, rank 17,626 of 23,059 in the sector.

Strongest: Liquidity: percentile 97 against peers, current ratio 15.41 against a median of 1.75. Growth: percentile 79 against peers, revenue growth 27.6% against a median of 4.0%.

Weakest: Solidity: percentile 0 against peers, equity ratio −1.4% against a median of 33.8%. Profitability: percentile 13 against peers, operating margin −15.0% against a median of 2.6%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

EDMULIG AS had an operating margin of −15.0% and an equity ratio of −1.4% in 2025, and ranks 17,626 of 23,059 in Handel.

From 2024 to 2025: the operating margin rose from −91.0% to −15.0% and revenue grew by 28%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −0.5 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.5 MNOK 8.0 not meaningful
P/B Equity: −0.1 MNOK 1.0 not meaningful

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −1.4% (median 33.8%).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −14.9% (median 2.2%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −15.0% (median 2.6%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability13 weight 30%
Solidity0 weight 25%
Liquidity97 weight 15%
Growth79 weight 15%
Consistency30 weight 15%

Durability: 32 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is EDMULIG AS?

The operating margin was −15.0% in 2025, against a median of 2.6% among companies in the Morning class Micro in the same sector. Return on assets was −12.5%. The company made a loss before tax.

How solid is EDMULIG AS?

The equity ratio was −1.4% in 2025 (median 33.8%). Equity is negative, so liabilities exceed assets.

What is the liquidity of EDMULIG AS like?

The current ratio was 15.41 in 2025 (median 1.75).

How does EDMULIG AS compare in Handel?

EDMULIG AS ranks 17,626 of 23,059 in Handel for 2025. Among companies in the Morning class Micro it is number 8,511 of 11,388. Revenue changed by 27.6% from the year before.

From the Central Coordinating Register

Org. no.
832351482
Legal form
AS
Sector
Handel (47.520)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
10 October 2023 3 years in operation
Share capital
0.25 MNOK
Business address
Blåsmoen 22, 4640 SØGNE (KRISTIANSAND)
Municipality
Kristiansand rank 2–6 of 11 in KOSTRA group 12
Audit
Audit opted out from 28 October 2023
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Frank Erling Abildsnes
Chair of the board
Frank Erling Abildsnes
Board member
Elena Pustovalova
Accountant
AIDER AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

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Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index–2935
Rank–18,57117,626
Operating margin–−91.0%−15.0%
Return on assets−15.9%−36.2%−12.5%
Equity ratio−4.8%3.0%−1.4%
Current ratio5.5716.6115.41
Revenue growth––27.6%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue–2.8 MNOK3.6 MNOK
Operating profit−0.4 MNOK−2.6 MNOK−0.5 MNOK
Profit before tax−0.4 MNOK−2.6 MNOK−0.5 MNOK
Net profit−0.4 MNOK−2.6 MNOK−0.5 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.3 MNOK7.1 MNOK4.3 MNOK
Current assets2.0 MNOK6.9 MNOK4.2 MNOK
Equity−0.1 MNOK0.2 MNOK−0.1 MNOK
Retained earnings−0.4 MNOK0.0 MNOK−0.3 MNOK
Total liabilities2.4 MNOK6.9 MNOK4.4 MNOK
Current liabilities0.4 MNOK0.4 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6511923.

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